The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is poised to break it strongly upwards and retest it.
We have support from the lower boundary of the descending channel, at 0.01252.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward move.
There is a key support area (in green) at 0.01200, which represents a strong basis for the upward move.
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend of stability above the Moving Average 100.
Entry price: 0.01257
First target: 0.01312
Second target: 0.01368
Third target: 0.01444
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
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